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Property, Plant and Equipment, Net | 9 Months Ended
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Sep. 30, 2023
Property, Plant and Equipment, Net |
Property, Plant and Equipment, Net | Note 8. Property, Plant and Equipment, Net The following table summarizes property, plant and equipment, net as of September 30, 2023 and December 31, 2022:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(Thousands) |  | Depreciable Lives |  | September 30, 2023 |  | December 31, 2022
Land | ​ | ​ | ​ | $ | 8,840 | ​ | $ | 9,052
Buildings(4) | ​ | 10-40 years | ​ | ​ | 35,956 | ​ | ​ | 35,499
Leasehold improvements(1) | ​ | ​ | ​ | ​ | 9,452 | ​ | ​ | 1,651
Plant equipment(4) | ​ | 3-15 years | ​ | ​ | 110,973 | ​ | ​ | 107,215
Vehicles and transportation equipment | ​ | 3-5 years | ​ | ​ | 676 | ​ | ​ | 700
IT systems | ​ | 3-7 years | ​ | ​ | 7,510 | ​ | ​ | 3,053
Furniture and fixtures(4) | ​ | 3-10 years | ​ | ​ | 3,160 | ​ | ​ | 3,068
Customer beverage equipment(2) | ​ | 3-5 years | ​ | ​ | 24,163 | ​ | ​ | 21,930
Lease right-of-use assets(3) | ​ | ​ | ​ | ​ | 51 | ​ | ​ | 36
Construction in progress and equipment deposits(4) | ​ | ​ | ​ | ​ | 164,429 | ​ | ​ | 70,004
​ | ​ | ​ | ​ | ​ | 365,210 | ​ | ​ | 252,208
Less: accumulated depreciation | ​ | ​ | ​ | ​ | (77,447) | ​ | ​ | (67,002)
Property, plant and equipment, net | ​ | ​ | ​ | $ | 287,763 | ​ | $ | 185,206
1 - Leasehold improvements are amortized over the shorter of their estimated useful lives or the related lease life. 2 - Customer beverage equipment consists of brewers held on site at customer locations. 3 - Lease right-of-use assets are amortized over the shorter of the useful life of the asset or the lease term. 4 - We identified a $10.1 million classification error in the disclosure of buildings, plant equipment, furniture and fixtures, and construction in progress and equipment deposits for the year ended December 31, 2022. Amounts presented above reflect the corrected amounts. ​ Depreciation expense for the three and nine months ended September 30, 2023 was $4.4 million and $12.4 million, respectively, and depreciation expense for the three and nine months ended September 30, 2022 was $4.1 million and $12.7 million, respectively. Assets classified as construction in progress and equipment deposits are not depreciated, as they are not ready for production use. All assets classified as construction in progress and equipment deposits at September 30, 2023 are expected to be in production use.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
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